Global uncertainty is good for investors of Bitcoin. Trade talks have started between the United States and China.
Barry Silbert, the CEO and founder of the Digital Currency Group feels that it is interesting to see the price of the Bitcoin accelerate up and to the right, as the trade discussions have begun to take place. When it comes to demonstrating the ongoing commitment to innovation, best in class investment and trading experience, he stated that Bitcoin was yet another strategic investment.
When reinstating about the durability of Bitcoin, Silbert stated, “If you look at over the past five years—when ‘Brexit,’ happened, Bitcoin went up. When ‘Grexit’ happened, Bitcoin went up.”
Investors are well aware of common hedges in investing. When considering those, it is opined that Bitcoin will perform better than other kinds of investing hedges.